S. 3494 · 117th Congress · Senate

Ban Congressional Stock Trading Act

Active· Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Introduced
Jan 12, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Ban Congressional Stock Trading Act

This bill requires each Member of Congress to divest or place in a blind trust any specified investment owned by the Member, the Member's spouse, or a dependent of the Member. This requirement applies for the entire period of a Member's service in Congress and for 180 days after that service ceases.

A Member of Congress who does not comply with the bill's requirements is subject to a fine equal to the Member's monthly congressional salary. The fine must be assessed 30 days after notice of the violation is issued and at least every subsequent 30 days.

Action Timeline

2
  1. JAN 12, 2022IntroReferral

    Introduced in Senate

  2. JAN 12, 2022IntroReferral

    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Committees

1

Homeland Security and Governmental Affairs Committee

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Referred: Jan 12, 2022

Active